RE:Png newspaper today Tier 1 asset!!
Lewins says over 100k oz for 2020, they have produced around 70k the first three quarters so q4 is going to be record breaking with production of over 30k!
140 oz 2021 and on will produce free cash of 140mil per year give or take (conservative free cash flow estimate of a $1000 per oz assuming gold holds up and the asic is in the area they have estimated) so this project looks like it can be funded from operations! WOW!
Still wondering why the MOA has not been signed off (sounded like they had an agreement in principle, maybe taking longer because of co-vid)), would be nice to have that agreement signed off before the tsx listing.
This story justs keeps getting better!!! GLTA